I think the biggest thing that I find interesting is LBL have reaffirmed their belief that $40m revenue is achievable by FY22. If this means by 1 July 2022, we should be able to expect almost a doubling in revenue (and hopefully earnings) within 24 months, this also suggests that the revenue in 2 years will be largely the same as the current market cap.
Unless I'm mistaken, we're looking at a business that has relatively limited debt, is profitable (with relatively high margins in a niche space with limited competition) and has a relatively high level of insider ownership with a good track record of achieving forecasts.
Having regard to the above and the approximate P/E ratio of 17, coupled with a return on equity >20% for several years now is, for me, a compelling reason to continue buying.
- Forums
- ASX - By Stock
- Ann: LaserBond 2020 Annual Report
I think the biggest thing that I find interesting is LBL have...
Featured News
Add LBL (ASX) to my watchlist
(20min delay)
|
|||||
Last
71.0¢ |
Change
-0.010(1.39%) |
Mkt cap ! $82.89M |
Open | High | Low | Value | Volume |
71.0¢ | 72.0¢ | 71.0¢ | $21.55K | 30.29K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 176856 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 90603 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 168856 | 0.700 |
2 | 17598 | 0.685 |
5 | 34229 | 0.680 |
2 | 30710 | 0.675 |
2 | 2942 | 0.670 |
Price($) | Vol. | No. |
---|---|---|
0.720 | 4662 | 1 |
0.725 | 27000 | 2 |
0.735 | 6088 | 1 |
0.750 | 1406 | 2 |
0.760 | 15000 | 1 |
Last trade - 15.56pm 05/07/2024 (20 minute delay) ? |
Featured News
LBL (ASX) Chart |